Green Energy & Biofuels Top as Finalist at Zayed Future Energy Prize Awards 2016
(Green Energy Biofuels) The World Future Energy Summit that began in Abu Dhabi with a call for the world to turn the words of the COP21 Paris Agreement into tangible action – perfectly showcased the shortlisted nominees for the $4 million Zayed Future Energy Prize.
Since the historic Paris Agreement last December, UAE Minister of State Dr Sultan Ahmed Al Jaber talked of how the world is convening at a time of complex geopolitical circumstances, but also “unprecedented unity”. The Paris talks, he said, highlighted how “market forces are now closely aligned with political choices” when it comes to clean energy.
Al Jaber’s comments set the tone for Mexican president Enrique Peña Nieto to outline his government’s bold commitments to transforming Mexico’s energy landscape, before UN secretary-general Ban Ki-Moon once again took to the stage to urge the world to take those vital first post-Paris steps.
“Adoption of clean technology is vital for reducing emissions,” he said. “We have made a good start. Cutting the number of deaths from dangerous and hazardous cooking will save millions of lives with the introduction of Clean Cookstoves for the world’s poor.”
Ki-moon stressed that “counterproductive” subsidies in renewable energy must come to an end sooner rather than later in order to usher in greater public-private collaboration.
In receiving the Award as Finalist in the 2016 Zayed Future Energy Prize, Femi Oye, CEO, Green Energy & Biofuels stated; ‘We are excited to be the 2016 Prize Finalist for building Africa’s foremost Waste to Energy Enterprise with the gut to challenge the status quo and redefine why Clean Energy must be Accessible, Available and Free”
Innovation in financing and technology proved pivotal in the panel’s decision when selecting this year’s Zayed Future Energy Prize winners. Green Energy & Biofuels was Top Finalist in the Small and Medium Enterprise category for advancing disruptive Low Cost Cellulosic Biofuels for the BoP Clean Cookstoves customers and delivering innovative business model that empowers more than 45,000 Women serving over 3,000,000 beneficiaries across Nigeria, Ghana, Cameroon, Benin, Togo and Senegal.
”Our Women deserve Clean, Safe and Affordable Cooking Energy too. Green Energy & Biofuels displaces harmful, dangerous, Expensive and dirty Solid fuels by engaging Women-Mentor Led Entrepreneurship Program that delivers Sustainable Cooking fuels to more than 3 million beneficiaries in West Africa said Myke Ologunoye, Green Energy & Biofuels COO.
Currently the company employs Network Marketing business model to empower and distribute incentives to its 25,000 women led entrepreneurship network with an average income of $750-$1,250 per month. In 3-years, over 350,000 Kike Clean Cookstoves with 5million liters of BioEthanol Gel fuel has been sold through this unique Model with plan to reach 17 African countries by 2018.
The President of the Federal Republic of Nigeria, H.E Muhammadu Buhari was present during the award presentation, he noted ‘We are seeing today, what the future looks like; it is amazing the ingenuity and creativity of young Nigerians to turning waste into Energy even as Nigeria look into Clean Energy for its Energy Security’’. The President and key members of Nigeria Executive council; Amina Mohammed, Minister for Environment, Mr. Babatunde Fashola, Minister for Power, Works and Housing, Mrs. Kemi Adeosun, Finance Minister and Dr. Ibe Kachikwu, Minister of State for Petroleum affirms their support for Clean Energy and Green Energy & Biofuels Solution.
Winners were selected for various categories; Big & Large Corporate, Small and Medium Size, Non Profits, high school projects across five global regions and a lifetime achievement award.
About Zayed Future Energy Prize:
The Zayed Future Energy Prize came to fruition as a result of the vision of the late Ruler of Abu Dhabi and Founding Father of the United Arab Emirates, Sheikh Zayed bin Sultan Al Nahyan.
The Prize Awards annually to: A Large Corporation, A Small and Medium Enterprise, A Non-Governmental Organization, a Lifetime Achievement recipient and up to 5 High Schools from 5 different world regions. www.zayedfutureenergyprize.com/ READ MORE and MORE (Zayed Future Energy Prize)
